Friday, October 08, 2021

About 326,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment statistics on Thursday. It showed that another 326,000 workers filed for unemployment benefits in the week ending on October 2nd. That's a decrease over numbers for the last three weeks, but still above normal.  

Here's the official statement from the Labor Department:

In the week ending October 2, the advance figure for seasonally adjusted initial claims was 326,000, a decrease of 38,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 362,000 to 364,000. The 4-week moving average was 344,000, an increase of 3,500 from the previous week's revised average. The previous week's average was revised up by 500 from 340,000 to 340,500.

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